Zetawire was granted a patent for “mobile banking, advertising, credit card and mobile coupon transaction processing” The patent was granted in August. The technology could be used in the Nexus S, Google’s successor to the Nexus One, which comes with NFC hardware. The company also owns social currency company Jambool and social media app Slide. The patent is pending. It’s not clear what the company is working on, but it could use the technology to make payments easier for people in need.”]
Source: https://mashable.com/archive/google-zetawire-acquisition